NOT LISTED FOR SALE

11950 Cavern Way Truckee, CA 96161

Estimated Value: $2,063,000 - $2,306,405

3 Beds
4 Baths
3,400 Sq Ft
$649/Sq Ft Est. Value

Last Sold July 17, 2024

Last sale price $2,272,292 $668 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $12,152/month

11 Days on Market

Highlights

  • New Construction
  • Two Primary Bedrooms
  • Fireplace in Primary Bedroom
  • Truckee Elementary School Rated A-
  • View of Trees or Woods
  • Wood Flooring

About This Home

As of July 2024

Beautiful, NEW construction brings modern finishes and a chic design to the mountains! Nestled on a prime home site adjacent to open space in the coveted neighborhood of Donner Crest, this lovely property offers all the luxury accoutrements for comfortable vacation or full time living! Beautiful windows accent the large-scale design highlighting stunning forest views. The expansive great room with soaring ceilings and a cool, gas fireplace integrates a lovely dining area and BIG chef's kitchen with a high bar and great flow for entertaining friends and family. There's easy access to the rear paver patio, fire pit and plenty of room for a future spa – all with lovely forest views and sunshine! The primary bedroom is on the main living floor and offers a gas fireplace, private patio access, a spacious ensuite bath offering a large shower, stand alone tub, separate commode and a walk-in, fully customized closet. A cozy family room, private office and guest bath brings convenience and is just off the great room. Located on its own floor and down the hall from the large foyer, two additional bedrooms - both with pretty and light filled views – bring crisp design to their en-suite bathrooms. A large laundry room completes this "wing" of the property. An added convenience is a terrific mudroom with lockers off the large and deep garage - a great spot to leave your outdoor gear! Equipped with air conditioning and all the latest requirements of new construction, here is a fantastic design combining a thoughtful and unique floor plan, craftsman level finishes, sophisticated design elements and a GREAT Truckee location!

Last Agent to Sell the Property

Alison Elder

Chase International - TK2 License #01399851 Listed on: 04/01/2024

Chase International - TK2

Last Buyer's Agent

Alison Elder

Chase International - TK2 License #01399851 Listed on: 04/01/2024

Chase International - TK2

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.4 Acre Lot
  • Lot Sloped Up

Property Views

  • Woods
  • Mountain

Home Design

  • Mountain Architecture
  • Composition Roof
  • Metal Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Mud Room
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Den
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Insulated Garage
  • Garage Door Opener

Utilities

  • High-Efficiency Furnace
  • Heating System Uses Natural Gas
  • Utility District

Additional Features

  • Multiple Outdoor Decks
  • Design Review Required

Community Details

  • Property has a Home Owners Association
  • Truckee Community

Home Details

Home Type

Single Family

Year Built

Built in 2024 | New Construction

Lot Details

0.4 Acres

Listing Details

  • Age: Brand New
  • Estimated Lot Size: .26 - .5
  • Community: Truckee
  • Directions: Northwoods Blvd., left on Lamplighter Way, right on Cavern, on left side.
  • Number of Acres: 0.4
  • Optional Financing: Submit !
  • Service Type: Full Service
  • Setting: Street
  • SPCDISC: Architectural Review
  • Sub-Area: 9AJ
  • Sub-Status: Standard
  • Topography: Upslope, Gentle
  • Year Built: 2024
  • Zoning: R
  • Cross Street: Lamplighter
  • Other: High Ceilings, Phone, Cable TV, High Speed Internet, Air Conditioning
  • Sewer: Utility District
  • Estimated Sq Ft: PLANS
  • Architecture: Mountain
  • Gated: No
  • Out Buildings: No
  • Property Condition: New
  • Sign YN: Y
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Handicap Friendly: Wide Halls, Primary on Main Level
  • Heating: Natural Gas, CFAH
  • Estimated Sq Ft: 3400
  • Stories: Two
  • Water Company: PUD
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Family Room, Great Room, Den, Mud Room, 2Or More Primary Bedrooms
  • Fireplace: Living Room, Master Bedroom, 2 or +, Gas Fireplace
  • Furnished: None
  • Bedrooms: 3
  • Wood Stove: None
  • Floor Coverings: Tile, Wood

Exterior Features

  • View: Filtered, Wooded, Mountain
  • Construction Exterior: Framed, Wooded
  • Foundation: Perim Concrete
  • Roof: Composition, Metal
  • Decks: 2
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Two
  • Garage/Parking: Attached, Insulated, Gar Door Opener

Utilities

  • Laundry: Room

Condo/Co-op/Association

  • HOA Amenities: Other/See Remarks
  • HOA Fees: 95
  • HOA Transfer Fee: Y
  • HOA Membership: Y

Lot Info

  • Lot Number: 52

Green Features

  • Green Features: High Efficiency Furnace

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
Jul 15, 2024
Sold by
Premier Framing Solutions Inc
Bought by
Mark G Segal Living Trust and Lida Mccarthy Trust
Seller's Agent
Alison Elder
Chase International - TK2
Buyer's Agent
Alison Elder
Chase International - TK2
List Price
$2,250,000
Sold Price
$2,272,292
Premium/Discount to List
$22,292
0.99%
Views
2
Current Estimated Value
$2,205,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,441
Avg. Annual Appreciation
-1.77%
Original Mortgage
$1,272,291
Outstanding Balance
$1,257,095
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$948,756

Purchase Details

Listed on
May 25, 2022
Closed on
Jul 11, 2022
Sold by
Phillips Family Living Trust
Bought by
Premier Framing Solutions Inc
Seller's Agent
Jamison Blair
COMPASS
Buyer's Agent
Alison Elder
Chase International - TK2
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
173.83%

Purchase Details

Closed on
Jun 1, 2021
Sold by
Phillips Jason and Phillips Kimberly
Bought by
Phillips Jason R and Phillips Kimbrly E

Purchase Details

Listed on
Dec 4, 2019
Closed on
Jul 10, 2020
Sold by
Folks Chris M and Folks Nicole R
Bought by
Phillips Jason and Phillips Kimberly
Seller's Agent
Nicole Folks
eXp Realty of Northern Califor
Buyer's Agent
Jamison Blair
COMPASS
List Price
$169,000
Sold Price
$150,000
Premium/Discount to List
-$19,000
-11.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.66%

Purchase Details

Listed on
Jul 29, 2014
Closed on
Dec 26, 2014
Sold by
Appleton Douglas S and Appleton Kimberly W
Bought by
Folks Chris M and Folks Nicole R
Seller's Agent
Mark Via
Coldwell Banker Realty
Buyer's Agent
Nicole Folks
eXp Realty of Northern Califor
List Price
$99,000
Sold Price
$92,500
Premium/Discount to List
-$6,500
-6.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%
Original Mortgage
$78,625
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2006
Sold by
Donner Crest Llc
Bought by
Appleton Douglas S and Appleton Kimberly W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,320
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Mark G Segal Living Trust $2,272,500 First American Title
Premier Framing Solutions Inc $300,000 First American Title
Phillips Jason R -- None Available
Phillips Jason $150,000 Fidelity Natl Ttl Co Of Ca
Folks Chris M $92,500 First American Title Company
Appleton Douglas S $333,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mark G Segal Living Trust $1,272,291
Previous Owner Folks Chris M $78,625
Previous Owner Appleton Douglas S $266,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2024 07/17/24 Sold $2,272,292 +1.0% $668 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $2,250,000 +650.0% $662 / Sq Ft
07/14/2022 07/14/22 Sold $300,000 0.0% -- View Prior Sale
06/30/2022 06/30/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $300,000 0.0% --
05/30/2022 05/30/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $300,000 +100.0% --
07/13/2020 07/13/20 Sold $150,000 -11.2% -- View Prior Sale
07/01/2020 07/01/20 Pending -- -- --
12/04/2019 12/04/19 For Sale $169,000 +82.7% --
12/30/2014 12/30/14 Sold $92,500 -6.6% -- View Prior Sale
11/26/2014 11/26/14 Pending -- -- --
07/29/2014 07/29/14 For Sale $99,000 -- --
Source: Tahoe Sierra Board of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,099 $2,272,291 $325,000 $1,947,291
2024 $3,455 $663,000 $293,000 $370,000
2023 $3,455 $288,000 $288,000 $0
2022 $2,086 $153,000 $153,000 $0
2021 $1,863 $150,000 $150,000 $0
2020 $1,351 $101,650 $101,650 $0
2019 $1,359 $99,657 $99,657 $0
2018 $0 $97,703 $97,703 $0
2017 $1,291 $95,788 $95,788 $0
2016 $1,286 $93,910 $93,910 $0
2015 $1,261 $92,500 $92,500 $0
2014 -- $371,111 $371,111 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20241351

Tahoe Sierra Board of REALTORS®

APN: 018-031-041-000

Your Personal Tour Guide

Ask me questions while you tour the home.